SPDR S&P Dividend ETF $SDY Position Increased by Allworth Financial LP

Allworth Financial LP raised its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 6.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 27,993 shares of the company’s stock after purchasing an additional 1,629 shares during the quarter. Allworth Financial LP’s holdings in SPDR S&P Dividend ETF were worth $3,799,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of SDY. Joel Isaacson & Co. LLC lifted its stake in shares of SPDR S&P Dividend ETF by 3.4% in the 2nd quarter. Joel Isaacson & Co. LLC now owns 2,644,937 shares of the company’s stock worth $358,997,000 after acquiring an additional 86,679 shares during the period. Royal Bank of Canada raised its holdings in SPDR S&P Dividend ETF by 0.9% during the first quarter. Royal Bank of Canada now owns 2,371,561 shares of the company’s stock worth $321,773,000 after purchasing an additional 20,594 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in SPDR S&P Dividend ETF by 0.8% in the first quarter. Commonwealth Equity Services LLC now owns 1,112,558 shares of the company’s stock worth $150,952,000 after purchasing an additional 8,613 shares during the period. Cetera Investment Advisers lifted its position in SPDR S&P Dividend ETF by 0.6% in the first quarter. Cetera Investment Advisers now owns 695,720 shares of the company’s stock worth $94,395,000 after purchasing an additional 3,830 shares during the period. Finally, Elk River Wealth Management LLC boosted its stake in SPDR S&P Dividend ETF by 0.6% during the 2nd quarter. Elk River Wealth Management LLC now owns 413,123 shares of the company’s stock valued at $56,074,000 after purchasing an additional 2,487 shares in the last quarter. 43.42% of the stock is currently owned by institutional investors.

SPDR S&P Dividend ETF Stock Up 0.3%

Shares of SPDR S&P Dividend ETF stock opened at $139.01 on Thursday. SPDR S&P Dividend ETF has a fifty-two week low of $119.83 and a fifty-two week high of $144.45. The firm has a market cap of $19.99 billion, a price-to-earnings ratio of 19.85 and a beta of 0.79. The business has a fifty day simple moving average of $139.08 and a 200-day simple moving average of $137.58.

SPDR S&P Dividend ETF Profile

The SPDR S&P Dividend ETF seeks to closely match the returns and characteristics of the S&P High Yield Dividend Aristocrats Index (the Index). The Index is designed to measure the performance of the 60 highest dividend yielding S&P Composite 1500 Index constituents that have followed a managed-dividends policy of consistently increasing dividends every year for at least 25 consecutive years.